Niche Business, AMI Auctions for Sale!
St. Cloud

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AMI Auction is a 20 year old in-person auction company that specializes in liquidating assets seized by banks. They specialize in retailing new RV’s that have been damaged in delivery in transit from to and from dealers. These RV’s are available for sale at roughly ½ of their retail price. AMI is also one of the largest dealers of bank repossessed RVs in a 5-state area. AMI also have the capacity to host online live auctions. Real estate to be sold with the business for $2.6 Million.

Listing Number:

24708

Category:

Wholesale

Location:

St. Cloud
$330,000

Financial Information:

Gross Revenue:

$3,383,695

Listed Price:

$330,000

Down Payment:

$0

Total Income:

$115,322

Year Established:

2003

Lease Information:

Square Feet:

20000

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$173,000

Inventory:

$350,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

1

Part-Time Employees:

0

Special License Required:

MN Dealers License

Contract Staff:

1

Training Period:

4 weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077

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Niche Business, AMI Auctions for Sale!
St. Cloud

Listing Number:

24708

Category:

Wholesale

Location:

St. Cloud

Listed Price:

$330,000
brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077
AMI Auction is a 20 year old in-person auction company that specializes in liquidating assets seized by banks. They specialize in retailing new RV’s that have been damaged in delivery in transit from to and from dealers. These RV’s are available for sale at roughly ½ of their retail price. AMI is also one of the largest dealers of bank repossessed RVs in a 5-state area. AMI also have the capacity to host online live auctions. Real estate to be sold with the business for $2.6 Million.

Financial Information

Gross Revenue:

$3,383,695

Listed Price:

$330,000

Down Payment:

$0

Total Income:

$115,322

Year Established:

2003

Lease Information

Square Feet:

20000

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$173,000

Inventory:

$350,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

1

Part-Time Employees:

0

Special License Required:

MN Dealers License

Contract Staff:

1

Training Period:

4 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.